Business
Agilent Technologies Signs Agreement to Acquire Assets of A2 Technologies; Deal to Expand Agilent's Spectroscopy Portfolio
Agilent and A2 Technologies today announced they have signed a definitive agreement for Agilent to acquire specific assets of A2 Technologies. The acquisition includes substantially all of A2 Technologies' intellectual property, technology, employees and its spectroscopy product portfolio. Subject to customary closing conditions, the transaction is expected to be final in mid-February. Financial details were not disclosed.
Telemis - Further expansion in Italy with acquisition of Turin-based Micromedica
Telemis, the specialist in medical imaging solutions, has further consolidated its position in Italy with the acquisition of Micromedica Ltd, one of the country's leading PACS (Picture Archiving and Communication System) vendors. Under the terms of the Telemis acquisition, Micromedica becomes part of the Telemis Group and Gian Paolo Robutti, the Micromedica managing director, takes the position of general manager for Telemis in Italy.
2010 revenues up 20% to €20.7 million Order book of €17.3 million, 6.9 times higher than end of 2009
RIBER is announcing €20.7 million in full-year revenues, including €13.1 million for the fourth quarter. RIBER is able to confirm its forecast for earnings growth over the whole year in 2010.
Dialog Semiconductor Plc.: Dialog Semiconductor Achieves Substantial Growth with Record Revenue for Both Q4 2010 and Full Year 2010
Dialog Semiconductor plc (FWB:DLG), a leading provider of power management semiconductor solutions announces that it has achieved year-on-year growth in revenue of approximately 36% for the year ended 31 December 2010. It expects to report record revenue of $296.6 million for full year 2010 and $87.5 million for Q4 2010, exceeding the upper limit of the $290-295 million outlook range for 2010 given on 26 October 2010.
EVE Grows Revenue Over 50%, Sees Double-Digit Profits, Increases Market Share in 2010
EVE, the leader in hardware/software co-verification, closed out Calendar Year 2010 with more than 50 percent revenue growth, double-digit profitability and increased market share. Since January 2010, 30 of EVE's ZeBu-Server emulation systems were deployed at 15 different electronics companies worldwide, as EVE partnered with leaders of the computing, consumer electronics, multimedia/imaging, networking and wireless industries.
Monolithic Power Systems Announces Consecutive Record Revenue Results for the Quarter and Nine Months ended September 30, 2010
Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading fabless manufacturer of high-performance analog and mixed-signal semiconductors, today announced financial results for the quarter and nine months ended September 30, 2010.
Aeroflex Agrees to Acquire Spectrum Analzyer Assets from LIGNEX-1
Aeroflex Limited ("Aeroflex" or the "Company"), a wholly owned subsidiary of Aeroflex Holding Corp. (NYSE:ARX) announced today it has signed an asset purchase agreement to acquire the spectrum analyzer assets from LIGNex1 Co., Ltd ("LIGNex1"). The primary assets to be acquired under the transaction include bench-top spectrum analyzer product lines that Aeroflex has offered under its own brand. These products include the 2399C, 2394A, 2395A spectrum analyzers as well as the newer 3250 Series spectrum analyzers, along with all the respective intellectual property. The closing is subject to certain delivery requirements by LIGNex1, as well as certain customary closing conditions.
Broadcom Announces Conference Call to Review Fourth Quarter and Year 2010 Financial Results
Broadcom will conduct a conference call with analysts and investors following the release of its fourth quarter and year 2010 financial results on Tuesday, February 1, 2011 at 1:45 p.m. Pacific Time; 4:45 p.m. Eastern Time. The conference call, which will include information regarding current and future products and technologies, end market trends, and the company's current financial prospects, will be conducted by Scott McGregor, Broadcom's President and Chief Executive Officer, and Eric Brandt, Executive Vice President and Chief Financial Officer.
Micron Technology, Inc., Reports Results for the First Quarter of Fiscal 2011
Micron Technology, Inc., (Nasdaq:MU) today announced results of operations for its first quarter of fiscal 2011, which ended December 2, 2010. For the first quarter, the company had net income attributable to Micron shareholders of $155 million, or $0.15 per diluted share, on net sales of $2.3 billion. The results for the first quarter of fiscal 2011 compare to net income of $342 million, or $0.32 per diluted share, on net sales of $2.5 billion for the fourth quarter of fiscal 2010, and net income of $204 million, or $0.23 per diluted share, on net sales of $1.7 billion for the first quarter of fiscal 2010.
Maxwell Technologies Nets $7.5 Million from Warrant Exercise
Maxwell Technologies, Inc. announced today that 462,461 warrants to purchase Maxwell common stock at a price of $16.22 per share were exercised in full on December 20, 2010, resulting in cash proceeds of approximately $7.5 million. The warrants were issued in conjunction with a private placement of a $25 million convertible debenture in December 2005.
ZF guarantees jobs for employees through 2015
ZF has agreed upon far-reaching job security measures for its workforce: employees in Germany now have job guarantees for the next five years. Should personnel needs change, employees have the right to an equivalent job at the same site through 2013. A multi-stage process has been agreed upon for the following two years: should the search for an equivalent job at the same site yield no results, the search will first be expanded to the regional level, and then across all ZF sites in Germany.
Rogers Corporation Announces Agreement to Acquire Curamik Electronics GmbH
On December 31, 2010, Rogers Corporation signed a definitive agreement to acquire 100% of the stock of Curamik Electronics GmbH, a manufacturer of power electronic substrate products headquartered in Eschenbach, Germany, for €116 million (subject to closing adjustments). The acquisition will be financed through a combination of borrowings under existing bank credit facilities and cash and is expected to close this week.
ON Semiconductor Completes Acquisition of SANYO Semiconductor from SANYO Electric
ON Semiconductor Corporation announces the completion of the acquisition of SANYO Semiconductor Co., Ltd., a subsidiary of SANYO Electric, and other assets related to SANYO Electric's semiconductor business, by ON Semiconductor. Under the terms of the purchase agreement, ON Semiconductor paid approximately ¥11.8 billion ($144 million) in cash to SANYO Electric and drew down approximately ¥31.7 billion ($378 million) under a loan agreement with SANYO Electric.
Broadcom Completes Acquisition of Gigle Networks Inc.
Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed the acquisition of Gigle Networks Inc., a privately-held company that develops system-on-a-chip (SoC) solutions for home networking over power lines.
Knowles’ MEMS Microphones Infringe Analog Devices’ Patent says ITC
Analog Devices announced today that the U.S. International Trade Commission (ITC) ruled decisively in favour of Analog Devices in its lawsuit against Knowles Electronics. Administrative Law Judge Robert K. Rogers, Jr. concluded that Knowles infringes valid claims from one of ADI's Wafer Anti-Stiction Application (WASA) patents. Specifically, he ruled that Knowles infringes claims 2, 3, 4, 5, 6 and 8 from ADI's U.S. Pat. No. 7,364,942. As a result, ADI expects the ITC to issue an exclusion order prohibiting Knowles and its U.S. Distributor from importing or selling all infringing microphones in the United States. Additionally, ADI expects to recover damages on all past sales of Knowles' microphones through its pending lawsuit against Knowles in Delaware.
IAR Systems becomes a listed company on NASDAQ OMX Exchange in Stockholm
Intoi, the owner of IAR Systems, has today announced its new strategy to focus on IAR Systems and to distribute its other major holding to its shareholders. To further reflect this, Intoi intends to change its name to IAR at its Annual General Meeting on May 3, 2011. Thereby, IAR Systems becomes a listed company at the NASDAQ OMX Exchange in Stockholm.
Technitrol Announces Name Change to Pulse Electronics Corporation
Technitrol announced today it has changed its name to Pulse Electronics Corporation. In connection with the name change, the Company will change the ticker symbol for its common stock listed on the New York Stock Exchange to "PULS" from "TNL" and has changed its web site URL towww.pulseelectronics.com. The Company's stock will begin trading under the new name and new ticker symbol at the start of trading on Monday, November 15, 2010. In the interim, the Company will continue to trade under the "TNL" ticker.
Korenix Technology acquired by Beijer Electronics
Korenix Technology, the Asian major manufacturer for industrial data communication, has been acquired by the Swedish public company Beijer Electronics, a fast growing technology company with extensive experience of industrial automation and robust data communication.
Pleora Marks Its 10-year Anniversary with 40% Growth
Pleora Technologies Inc., a world leader in networked video connectivity solutions for mission-critical systems finished its 10th year of operation in November with almost 40% growth. This caps a decade of steady year-over-year growth, with its technology currently employed in thousands of installations worldwide.
Rohde & Schwarz takes over DVS Digital Video Systems AG
Effective December 14, 2010, Hanover-based DVS Digital Video Systems AG has been integrated into the Rohde & Schwarz group of companies. DVS, which was founded in 1985 and now has 110 employees, is a leading international manufacturer of hardware and software for professional film and video postproduction. We are confident that this partnership will result in the transfer of valuable technology from the studio to broadcasting. Moreover, DVS will benefit from the international Rohde & Schwarz sales network, stated Juergen Nies, Head of the Broadcasting Division at Rohde & Schwarz.
Altera Acquires Avalon Microelectronics, Extending Its Communication System IP for FPGA and ASIC Product Portfolio
Altera announced today it has acquired Avalon Microelectronics Inc., an industry leader in flexible Optical Transport Network (OTN) IP, for use in its FPGA and ASIC products. With the acquisition of Avalon, Altera expands its portfolio of customizable IP solutions for OTN applications, supporting data rates at 1.2G, 2.5G and 10G, as well as 40G and 100G.
Altera Named Best Financially Managed Semiconductor Company by the GSA
Altera announced it was named the "Best Financially Managed Semiconductor Company" by the Global Semiconductor Alliance (GSA). Altera was presented with the award at the GSA Awards Dinner Celebration held December 9 in Santa Clara, Calif. The GSA Awards Dinner Celebration recognizes semiconductor companies that have demonstrated excellence through their success, vision, strategy and future opportunities in the industry.
ZF achieves record sales in 2010
ZF Group has left the economic crisis behind it by registering anticipated sales revenue of roughly 12.9 billion euros in 2010 – a record 38-percent increase over the previous year. This represents a clear return to profitability following losses in 2009. Meanwhile, the ZF Group workforce has risen by nearly 5 percent to more than 64,000 employees.
Tyco Electronics Completes Acquisition of ADC
Tyco Electronics Ltd. today announced the completion of the acquisition of ADC Telecommunications, Inc. The combination of Tyco Electronics (TE) and ADC positions the company as a world leader in broadband connectivity.
National Semiconductor Reports Results for Second Quarter Fiscal 2011
National Semiconductor today reported sales of $390.4 million and net income of $83.5 million, or 34 cents per diluted share, for the second quarter of fiscal 2011, which ended Nov. 28, 2010. National's second quarter sales were 5 percent lower than the $412.0 million in sales reported in the first quarter of fiscal 2011 due to lower demand from OEMs and distributors in all regions. Sales in the second quarter of fiscal 2011 were 13 percent higher than the $344.6 million reported in the second quarter of fiscal 2010.
Keithley Instruments Acquired By Danaher Corporation
Keithley Instruments today announced completion of the merger of Aegean Acquisition Corporation, an indirect wholly owned subsidiary of Danaher Corporation, into Keithley pursuant to the previously announced Merger Agreement dated September 29, 2010 among Danaher Corporation, Aegean Acquisition Corporation and Keithley.
UNIPOWER Completes Acquisition of Technipower and Deltron
UNIPOWER has announced the acquisition of Technipower and Deltron, two established and respected names in the Power Supply Industry. These acquisitions double the sales volume of UNIPOWER and allow for its entry into new and growing markets.
Heraeus acquires Clevios, expanding its product lineup for the electronics industry
By acquiring H.C. Starck's Conductive Polymers Business Group, Heraeus is engaging in targeted expansion of its product portfolio as the world's leading provider of high-quality coating materials for important growth markets in the electronics industry. The range of products sold under the brand name Clevios™ will be expanded with new, innovative, and customer-specific applications for functional coatings, especially in the electronics, display, glass, and solar industries.
Beijer Electronics acquires QSI Corporation
With the acquisition of QSI Corporation, Beijer gets a strong presence in North America which is a strategically important market for the company. Among other positive things we see great potential with the extended product portfolio designed for demanding environments and for mobile applications, says Magnus Ekerot, Business Area Director of HMI Products.
NXP and Gemalto Sign Licensing Agreement for Adding MIFARE to UICC Cards
NXP Semiconductors N.V. and Gemalto announced a global strategic licensing agreement for NXP's MIFARE technology, enabling Gemalto to integrate MIFARE into its UICC cards. This cooperation aims at spurring the usage of NFC mobile devices in the MIFARE infrastructure, therefore accelerating worldwide deployments of mobile contactless services.
Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2010
Synopsys today reported results for its fourth quarter and fiscal year 2010. For the fourth quarter of fiscal 2010, Synopsys reported revenue of $375.5 million, compared to $338.3 million for the fourth quarter of fiscal 2009. Revenue for fiscal year 2010 was $1.38 billion, an increase of 1.5 percent from $1.36 billion in fiscal 2009.
Broadcom Completes Its Acquisition of Beceem Communications, Inc.
Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed its acquisition of Beceem Communications, Inc., a privately-held company that develops system-on-a-chip (SoC) solutions for LTE and WiMAX® 4G connectivity.
Laird Technologies Acquires Cattron
Laird Technologies, a global leader in the design and supply of customized, performance critical components and systems for advanced electronics wireless products, today announced its acquisition of Cattron Group International, Inc. Cattron's sales revenues for the fiscal year ending September 30, 2010 were $53.8 million.
Broadcom Corporation to Acquire Gigle Networks Inc.
Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Gigle Networks Inc., a privately-held company that develops system-on-a-chip (SoC) solutions for home networking over power lines.
Huawei Now Serves More Than One Billion GSM Users Worldwide
Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, today announced that more than one billion people – approximately one quarter of worldwide GSM users – now use Huawei's GSM radio access networks for their mobile communication needs. This key milestone was reached through the GSM network that Huawei successfully constructed for MTN Nigeria.
Cisco Names Xilinx 2010 Supplier of the Year
Xilinx announced that it has been named 2010 Supplier of the Year by Cisco. This prestigious award recognizes Xilinx for demonstrating excellence in innovation and all operational areas. The distinction was awarded during Cisco's 19th Annual Supplier Appreciation Event, held on September 29, 2010, at the Santa Clara Convention Center. The event celebrated the commitment of Cisco's preferred suppliers to ongoing customer satisfaction and accelerated growth.
Soitec reports total consolidated sales of 137.3 million Euros for H1 2010-2011
Soitec (Euronext Paris), the world's leading supplier of silicon-on-insulator (SOI) and advanced solutions for the electronics and energy industries, today reported second quarter consolidated sales of 68.7 million Euros giving consolidated sales of 137.3 million Euros for the first six months of the year equal to growth of 45.7% versus the same period last year.
Broadcom Completes Acquisition of Percello Ltd.
Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed the acquisition of Percello Ltd., a privately-held company that develops system-on-a-chip (SoC) solutions for femtocells.
Prism Sound Group Acquires Business Assets of Imerge Ltd
The Prism Sound group is pleased to announce that it has purchased certain assets of Imerge Ltd, the award-winning home media server business formerly affiliated with Linear LLC of Carlsbad, California, USA. Imerge brands will continue with current production as well as new product development under the ownership of Prism Sound. Customer support will be maintained for all former customers of Imerge Ltd, including OEM partners Elan, Speakercraft, Xantech and Revox. Prism Sound has retained key members of the former Imerge team in research and development, production, customer support and sales, while finance and marketing will be resourced from the Prism Sound team.
X2O Media and AlhenaCom Partner to Offer Solutions in Italy
X2O Media announced that the company has signed a distribution agreement with AlhenaCom S.r.l. Under the agreement, AlhenaCom will provide distribution and sales support functions for X2O's Xpresenter™ digital signage systems in Italy.
